PwC's IFRS technical update video December 2022 - Video

This PwC IFRS technical update webcast covers the hot topics for Q4 2022. If you want to jump to a particular section, the timestamps are below:

1. Year-end updates [01:31]
2. IFRS 17 - not just for insurers [13:21]
3. Accounting for rising inflation and interest rates [28:25]
4. Accounting for climate-related matters [49:56]


Scott Bandura, Jean-Maré Franklin, Laura Kennedy and Anu Pandya provide some focused insights and will update you about new developments in IFRS.

1. Year-end updates:
- In brief INT2022-17 Global implementation of Pillar Two: Proposed amendment to IAS 12 [https://viewpoint.pwc.com/dt/gx/en/pwc/in_briefs/in_briefs_INT/in_briefs_INT/global-implementation.html]
- In brief INT2022-10 Global implementation of Pillar Two and the disclosure implications
- PwC’s IFRS technical update video June 2022 [https://www.youtube.com/watch?v=-6l28yicos4][https://viewpoint.pwc.com/dt/gx/en/pwc/in_briefs/in_briefs_INT/in_briefs_INT/Global-implementation-of-Pillar-Two-and-the-disclosure-implications.html]
- In brief INT2022-15 Lessor forgiveness of lease payments (IFRS 9 and IFRS 16) [https://viewpoint.pwc.com/dt/gx/en/pwc/in_briefs/in_briefs_INT/in_briefs_INT/Lessor-forgiveness-of-lease-payments-IFRS-9-and-IFRS-16-.html]
- In brief INT2022-13 Cash received via electronic transfer as settlement for a financial asset (IFRS 9) [https://viewpoint.pwc.com/dt/gx/en/pwc/in_briefs/in_briefs_INT/in_briefs_INT/Cash-received-via-electronic.html]

2. IFRS 17 - not just for insurers
- In depth INT2022-14 IFRS 17 affects more than just insurance companies [https://viewpoint.pwc.com/dt/gx/en/pwc/in_depths/in_depths_INT/in_depths_INT/ifrs-17-affects-more-than-just-insurance-companies.html]

3. Accounting for rising inflation and interest rates
- In depth INT2022-12 Navigating IFRS Accounting Standards in periods of rising inflation & interest rates [https://viewpoint.pwc.com/dt/gx/en/pwc/in_depths/in_depths_INT/in_depths_INT/Navigating-IFRS.html]

4. Accounting for climate-related matters:
- In depth INT2021-11 Impact of ESG matters on IFRS FS [https://viewpoint.pwc.com/dt/gx/en/pwc/in_depths/in_depths_INT/in_depths_INT/Impact-of-ESG-matters-on-IFRS-financial-statements.html]
- In depth INT2022-06 Accounting for Green/Renewable Power Purchase Agreements from the Buyer’s Perspective [https://viewpoint.pwc.com/dt/gx/en/pwc/in_depths/in_depths_INT/in_depths_INT/Accounting-for-Green-Renewable-Power/Accounting-for-Green-Renewable-Power-Purchase.html]